Anna Jiwon Park has been covering the politics at The Korea Times since the summer of 2024, when she joined the press pool for the Office of the President in Korea. Prior to that, she spent about five years reporting extensively on financial markets, regulatory authorities and the financial industry. She joined The Korea Times in 2019 after spending eight years as a broadcast journalist at Arirang TV, Korea’s leading global broadcaster, covering politics, defense and culture.
Kyobo Lifeplanet Life Insurance appoints new CEO
Kyobo Lifeplanet Life Insurance CEO Kang Tae-yoon / Courtesy of Kyobo Lifeplanet Insurance
By Anna J. Park
By Anna J. Park
Kyobo Lifeplanet Life Insurance has appointed Kang Tae-yoon as the new CEO to lead the company for the next two years. His term is slated to end in September 2024.
Kang's appointment ended the era of the firm's long-serving former CEO, Lee Hak-sang, who led the company during the past decade, since the firm's official launch in 2013.
After graduating from Soongsil University and earning an MBA from the University of Washington, Kang started his career at Kyobo Life Insurance in 1997, assuming various roles ranging from being on an e-business taskforce to strategic business planning. He has been working at Kyobo Lifeplanet since 2013 and is known for his achievements in digital management innovation during that period.
“As the CEO of the company, I will focus on strengthening solid ground for the firm as a digital life insurer, while securing new growth engines to lead the market,” Kang said. “The company aims to continuously innovate itself to be a leader acknowledged by customers and all the market participants,” he added.
Kyobo Lifeplanet Life Insurance has been maintaining a high rate of customer loyalty with its innovative digital transformation initiatives.